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Introducing the 2019 Canada 1 oz. Gold Incuse Maple Leaf Gem BU

 Introducing the 2019 Canada 1 oz. Gold Incuse Maple Leaf Gem BU
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Posted: 03-28-2019 12:09:00 PM

 The Gold Maple Leaf series is turning 40 years old in 2019 and to celebrate, the Royal Canadian Mint is releasing the 2019 Canada Incuse 1 oz. Gold Maple Leaf Gem BU coins. Struck in .9999 fine gold, this exciting addition to the Canadian Gold Maple Leaf series has something entirely new: the first appearance of double incuse design devices on a gold bullion Maple release!

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The crown jewel of Canadian coinage is celebrating a major anniversary this year. The Gold Maple Leaf series is turning 40 years old in 2019 and to celebrate, the Royal Canadian Mint is releasing the 2019 Canada Incuse 1 oz. Gold Maple Leaf Gem BU coins. Struck in .9999 fine gold, this exciting addition to the Canadian Gold Maple Leaf series features something entirely new: the first appearance of double incuse design devices on a gold bullion Maple release!

Background

After the stunning popularity of the sold-out, first-ever 1 oz. Incuse Silver Maple Leaf BU coins last year, which were released  to mark the 30th anniversary of the Silver Maple Leaf Series, the Royal Canadian Mint is striking the first-ever 1 oz. Incuse Gold Maple Leaf BU coins in 2019. While these 40th Anniversary Incuse Gold Maples are not the first appearance of incused design devices in the gold series, last year a Reverse Proof Gold Incuse Maple was released as part of the Silver anniversary, this is the first time it is appearing on a bullion issue. These incused Gold Maple Leaf coins are legal tender with a face value of $200 Canadian dollars. They feature a high quality Brilliant Uncirculated finish, with proof-like qualities. The mintage is strictly limited to only 10,000 pieces!

The Series:

The Gold Maple Leaf series was first struck in 1979 and has been released annually ever since. It offered the first real competition to the internationally traded and avidly sought after South African Gold Krugerrand bullion coin, which was somewhat restricted, due to boycotts of the still prevalent apartheidism in South Africa at the time. It wasn’t until 1982 that the Mexican Gold Libertad series, and until 1986 that the massively successful American Gold Eagle series, were also introduced onto the World bullion scene. The Maple series was first struck in .999 gold from 1979-1981. Beginning in 1982, the series transitioned to the more attractive .9999 standard, which it is still struck in to this day, with some special releases boasting the truly impressive .99999 purity.

The Symbol of Canada- The Iconic Maple Leaf

The Canadian Maple Leaf has symbolized Canada and Canadians for almost two hundred years. It was officially adopted by Quebec’s Société Saint-Jean-Baptiste in Montreal in 1836 as a symbol representing Canada and Canadian culture. The maple leaf appeared on all Canadian coins between 1876 and 1901. It has always appeared on the entire run of Canadian pennies which were discontinued in 2012. The maple leaf continues to appear on collectible Canadian numismatic and collectible coins. It was adopted on the current Canadian Flag in 1965.

The Emblematic Design

The reverse design of the series has appeared annually, largely unchanged in composition, over the last four decades. Designed by Walter Ott in 1979, it features a single, intricately rendered Sugar maple Leaf, the National symbol of Canada. This face features the inscriptions “CANADA,” arching over the top, while the purity and weight, “FINE GOLD 1 OZ OR PUR,” arch below. The central Maple is accompanied by the gold fineness, “.9999” on either side. Featuring reeded edges and radial lines, which were added to the series in 2015, the Royal Canadian Mint’s unique security feature, a small Maple privy also appears on the reverse.

The obverse design has changed over the course of the series, featuring Incuse Maple Obversethree different effigies of Her Majesty, Queen Elizabeth II, over its history. The current rendition was designed by Canadian portrait artist, Susanna Blunt, and portrays the Queen as a tested Monarch, wearing a necklace and earrings. This obverse portrait first appeared on Canadian coinage in 2003.

Both the reverse maple leaf design and the obverse Queen Elizabeth II portrait are incused on the 2019 Incuse Gold Maple Leaf BU coins. This the first time in history that a “double-incused” design has been used on RCM gold bullion, offering a sensational variation on the iconic design.  

What is the Significance of Incuse?

The use of the incuse Maple design marks the 40th Anniversary of this important coin. Incuse design devices have been used on coinage for millennia, but more recently on the popular Bela Lyon Pratt $2.50 and $5.00 “Indian” fractional gold eagle coins, minted in the United States from 1908 until 1929. The thought process at that time was that the incused design would be protected from the normal war of circulation by presenting it below the raised fields of the coin. The coins were not popular with the public at issue, but they are more popular than ever with collectors today. This unusual design is a marked departure from the traditional design devices raised above the fields of the coin. Collectors appreciate the technical prowess needed to achieve such an attractive coin and enjoy the history associated with incused gold coins.

 

The World Renowned Royal                                       Canadian Mint

On January 2, 1908, the Royal Canadian Mint (RCM) started operations as part of the British Royal Mint system. It was active striking local coinage and the famed British Gold Sovereign coin, from locally sourced gold. The RCM also operated as a refiner beginning in 1911. Today it continues to refine gold to the world’s highest possible .99999 purity standard. The RCM produces some of the most innovative and sought after collector coins struck today. They have a proud tradition of technical innovation and depth of expertise.

Innovative Security Features

The Royal Canadian Mint introduced two notable security features to each bullion issue in 2014. The iconic maple privy mark serves as a laser micro-engraved security feature. Each privy mark features the last two digits of the year. Radial lines occupy the fields of the coins. The intricate, uniform appearance replaced the smooth fields on RCM Maple Leaf bullion issues before 2014. These intricately detailed features make the RCM’s bullion impossible to replicate

In Conclusion

The Royal Canadian Mint, and their Maple Leaf series in particular, continue to provide collectors and bullion enthusiasts alike, a top-quality product that captures the very spirit of the Nation it represents. The 2019 first appearance of double incused devises on a bullion gold maple design, offers collectors the chance to secure a unique version of the emblematic maple leaf for their collection, a perfect way to honor the 40th anniversary of the beloved series.

Sources 

https://www.mint.ca/store/mint/about-the-mint/a-rich-history-8000008#.XJKkmihKjIU

https://www.coinsweekly.com/en/Archive/Bullion-coins-part-1-The-Maple-Leaf/8?&id=666&type=a 

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About The Author

Ray James

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